SM Energy (SM) EBITDA (2009 - 2026)
SM Energy's EBITDA was $2.09 billion in Q2 2026, up 255.1% from $588 million a year earlier.
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Analysis
SM Energy (SM) EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, SM Energy's EBITDA was $3.29 billion through Jun 30, 2026, up 48.7% year-over-year; for FY2025, it was $2.21 billion, up 17.1% from FY2024.
- In earlier years, EBITDA was $1.89 billion in FY2024 (+12.4%), $1.68 billion in FY2023 (-23.2%), $2.18 billion in FY2022 (+122.0%) and $983.51 million in FY2021.
- The Q2 2026 figure marks the highest quarterly EBITDA in data going back to Q2 2009.
- Compared with a year earlier, EBITDA was higher in six of the last eight quarters, with growth averaging 39.2%.
- The best year-over-year quarter for EBITDA over five years was Q3 2021 (growth of 318.6%); the worst was Q1 2026 (a decline of 75.5%).
- Per Business Quant data, SM's EBITDA in the three quarters before Q2 2026 was $134 million (Q1 2026), $501.06 million (Q4 2025) and $571.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 33.13 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | -13.84 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 3.35 Bn |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 13.36 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 10.40 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | -38.11 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 5.80 Bn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 7.04 Bn |
| 10 | SM Energy | 7.97 Bn | 6.37 Bn | 1.94 Bn | 2.09 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.09 Bn |
| Mar 31, 2026 | 134.00 Mn |
| Dec 31, 2025 | 501.06 Mn |
| Sep 30, 2025 | 571.85 Mn |
| Jun 30, 2025 | 588.00 Mn |
| Mar 31, 2025 | 546.00 Mn |
| Dec 31, 2024 | 547.49 Mn |
| Sep 30, 2024 | 533.89 Mn |
| Jun 30, 2024 | 459.03 Mn |
| Mar 31, 2024 | 344.58 Mn |
| Dec 31, 2023 | 498.63 Mn |
| Sep 30, 2023 | 384.95 Mn |
| Jun 30, 2023 | 367.18 Mn |
| Mar 31, 2023 | 426.24 Mn |
| Dec 31, 2022 | 486.27 Mn |
| Sep 30, 2022 | 768.15 Mn |
| Jun 30, 2022 | 667.63 Mn |
| Mar 31, 2022 | 261.22 Mn |
| Dec 31, 2021 | 674.42 Mn |
| Sep 30, 2021 | 328.96 Mn |
API Access
SM Energy EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "SM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();